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Daily Archives: June 7, 2007

Wal-Mart (WMT): More Slow Sales

Posted: June 7, 2007 at 6:54 am

In the last four weeks, sales at Wal-Mart stores rose only 1.3% compared to 3.5% for the same four week period last year. For the period, US net sales rose ...
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Pre-Market Analyst Calls (June 7, 2007)

Posted: June 7, 2007 at 6:41 am

ASML raised to Outperform at Bernstein.CENT cut to Neutral at B of A.COBZ raised to Outperform at KBW.DCP raised to Outperform at CIBC.DGX raised to Buy at UBS.ECL raised to ...
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Sony (SNE) Job Cuts: No Good News For Playstation 3

Posted: June 7, 2007 at 6:34 am

Sony's (SNE) game console arm is cutting jobs in the US after letting a bunch of folks go in Europe. As a rule, large companies do not let go of ...
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Europe Markets 6/7/2007

Posted: June 7, 2007 at 5:41 am

Markets in Europe are mixed at 6.35 AM New York time.The FTSE is up a fraction to 6,525. BHP Billiton was up 1.7% to 1285. GlaxoSmithKline (GSK) is up 1.5% ...
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Apple (AAPL) Does Not Make Much On TV, But Intel (INTC) Does

Posted: June 7, 2007 at 5:26 am

Barron's reports that the costs of the components in the AppleTV product are so high that the consumer electronics company does not make much. The product sells for $299. The ...
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Vodafone (VOD): Break-Up Candidate Of The Week Club

Posted: June 7, 2007 at 5:11 am

The attention of Wall St. types who want to break companies up to "unlock value" has turned to cell service giant Vodafone (VOD), the largest company of its kind outside ...
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Why Amazon (AMZN) Won’t Buy NetFlix (NFLX)

Posted: June 7, 2007 at 4:50 am

NetFlix (NFLX) is last year's business model. Send DVDs through the mail. It is better than having expensive stores like Blockbuster (BBI) does. But, having an online VOD system like ...
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Dow Jones (DJ): One More Interested Party?

Posted: June 7, 2007 at 4:34 am

Funny how none of the big media companies or ultra-savvy private equity firms and hedge funds are bidding for Dow Jones (DJ). Buying Chrysler seems to have less risk.But Brian ...
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GlaxoSmithKline (GSK): More Whining

Posted: June 7, 2007 at 4:24 am

GlaxoSmithKline (GSK) thinks that it is being beat up on in the press. And now Congress is looking into whether the FDA has been aggressive enough in warning consumers about ...
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Costco (COST) Same Store Sales Up 7%

Posted: June 7, 2007 at 3:34 am

In a sign that May could have been a good month for retailers, Costco (COST) same store sales rose 7% which was above Wall St. forecasts. ...
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Media Digest 6/7/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: June 7, 2007 at 3:15 am

According to Reuters, same-store sales at Costco (COST) were up 7% to May. Reuters writes that the game unit of Sony (SNE) is cutting jobs in the US and Europe ...
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Asia Markets 6/7/2007 Shanghai Up Sharply

Posted: June 7, 2007 at 2:52 am

Most markets in Asia were up slightly, but the Shanghai Composite rose 3% to 3,891.The Nikkei rose .1% to 18,053. Komatsu for 2.9% to 3540. NEC (NIPNY) fell 1% to ...
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